Research of Economic Growth in the Context of Knowledge Economy

Abstract

This paper analyses the nature of economic growth in the context of knowledge economy. Indicators that can describe the individual components of knowledge economy are selected. The dynamics of knowledge economy components based on statistics of Ukraine, Poland, Germany and Lithuania is researched. The neural network was built using knowledge economy indicators based on time series data for the years 1996-2011s. The constructed neural network can be used for developing models for economic growth forecasting.